Aurora provides you the ability to view the depreciation benefit of a commercial project in an Excel file. Please follow the instructions below to view the depreciation benefit.
First, navigate to the Financing tab of any design in Sales Mode.
Then, select Export XLSX.
Lines 52 and 53 in the Excel file display the Depreciable Basis of the design. To calculate the Depreciation Benefit, multiply this value by the applicable tax rate.
For example, if the national tax rate is 21% and the Depreciable Basis is $1,661,682.60, multiply $1,661,682.60 by 0.21 to determine the depreciation benefit.
Adjusting Depreciation Settings
Depreciation settings for the design can be adjusted from the financing page as well. Click the gear icon to open the Advanced Settings.
Now, click Edit and adjust how depreciation is calculated for the project.
Adjusting Default Tax Rates
Default tax rates need to be set for depreciation to calculate. Make sure an Admin user had set default tax rates in the your Aurora Utility and Tax Rates settings.